The best season … or the worst?

Preparer reactions to filing season this year are … complicated.


State or federal? Preparers pick this season’s bigger headache

Tax pros weigh the pros and cons of different levels of filing this year.


Tire-kickers, price-shoppers and tax frauds: Turning away bad clients

Tax reform and other issues have created a flood of unwelcome prospects.


How fast is fast enough?

The rate at which women are rising to leadership at accounting firms is too slow.


Wanted: New chairmen for FASB and GASB

The Financial Accounting Standards Board and the Governmental Accounting Standards Board are both on the lookout for new chairmen, with the end of the term approaching next year for leaders of both FASB and GASB.


BDO acquires BioProcess Technology Consultants

The firm is building its presence in the biotech space by buying a consultancy that services life sciences companies.


IRS seeing difficulties with FATCA reporting

The Internal Revenue Service is having trouble dealing with the information it’s getting from foreign banks about U.S. taxpayer assets under the Foreign Account Tax Compliance Act because of problems with the data and various mismatches, according to a new government report.


AICPA launches 'Valuation of Financial Instruments' credential

The new credential, available for CPAs and finance professionals, will bring “consistency and transparency” to the global derivatives market.


Companies lagging on lease accounting efforts, Deloitte finds

Both public and private companies are struggling with implementing the new lease accounting standard, according to a new survey by Deloitte.


Art of Accounting: No April Fool message

We can offer clients a huge value and also generate some additional revenue for ourselves.